Axcel to acquire SteelSeries from L Catterton.

Axcel, a Nordic private equity firm has agreed to acquire SteelSeries, the leading global gaming platform, from L Catterton, the largest and most global consumer-focused private equity firm. Financial terms were not disclosed. “In L Catterton, we found a partner who recognized the enormous potential of our brand at a time when video gaming had not yet hit the mainstream. Our partnership has enabled us to relentlessly innovate and expand upon our leading suite of products while investing in the development of our SteelSeries Engine software platform. We look forward to building on this momentum to capitalize on continued category opportunities and provide essential, high quality products to more gamers across the world.” Jacob Wolff-Petersen, SteelSeries Founder.